Milk Mantra eyes Rs 1,000 crore turnover in 5 years

Agri-startup Milk Mantra is eying Rs 1,000 crore turnover in five years as it look to strengthen position in the eastern parts by expanding milk shake brands across the country.Fidelity Growth Partners backed startup is also planning to raise $25 million from VC funding to finance growth plans. "Now we are further strengthening our position in eastern parts for fresh dairy products and at the same time expand our milk shake brand ‘MooShake’ market across the country. I can say that on back of these two initiatives, our turnover would reach Rs 1,000 crore in next five years," Misra added.

Source: http://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/milk-mantra-eyes-rs-1000-crore-turnover-in-5-years/50994895

[category, news, sme, retail]

Comments are closed.